ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

ENC Receives Order for Three Zero Emissions Axess® EVO-FC™ Hydrogen Fuel Cell Buses From Rochester-Genesee Regional Transportation Authority (RGRTA)

RGRTA transitioning to zero emissions fleet by 2035

ElDorado National (California) or ENC, a subsidiary of REV Group, Inc., and an industry leader in heavy-duty transit buses and emission-free technology, secured an order for three Axess EVO-FC zero emissions hydrogen fuel cell buses from Rochester-Genesee Regional Transportation Authority.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230323005480/en/

Rochester-Genesee Regional Transportation Authority has ordered three ENC Axess EVO-FC buses, which only have water as a byproduct. These buses will help RGRTA as it works toward a goal of transitioning to a zero-emissions fleet by 2035. The transportation provider received funding for its Axess EVO-FC buses through the Federal Transit Administration Low- and No-Emission program. (Photo: Business Wire)

Rochester-Genesee Regional Transportation Authority has ordered three ENC Axess EVO-FC buses, which only have water as a byproduct. These buses will help RGRTA as it works toward a goal of transitioning to a zero-emissions fleet by 2035. The transportation provider received funding for its Axess EVO-FC buses through the Federal Transit Administration Low- and No-Emission program. (Photo: Business Wire)

The Axess EVO-FC buses, which only have water as a byproduct, will help RGRTA as it works toward a goal of transitioning to a zero-emissions fleet by 2035. The transportation provider received funding for its Axess EVO-FC buses through the Federal Transit Administration Low- and No-Emission program.

The Axess EVO-FC is powered by the industry’s highest capacity fuel cell and a BAE Systems® Gen3 electric propulsion system. Launched in September 2022 alongside the Axess® Battery Electric Bus (EVO-BE™), the next-generation Axess EVO-FC bus delivers an industry-leading range up to 400 miles, refuels in 12-20 minutes and the only emission is water. As a leader in low or no emission technology, ENC was the first bus manufacturer to complete the 12-year/500,000 miles FTA Altoona test for a Hydrogen Fuel Cell Electric powered bus in 2018.

“We are excited to be part of RGRTA’s journey toward achieving a zero-emissions fleet,” said Jason Moore, Vice President and General Manager of ENC. “The Axess EVO-FC delivers the technology, performance and capabilities RGRTA needs to serve its ridership of over 8 million people.”

“RGRTA has reached an exciting phase of our journey towards having a fully zero-emissions bus fleet by 2035 – exploring the use of hydrogen fuel cell technology,” said RGRTA CEO Miguel Velázquez. “As we conduct a demonstration project on this new technology, we are focused on meeting New York State’s goal for 2035 and doing so with a solution that provides a level of reliability that RGRTA and our customers expect. I thank the Federal Transit Administration for the grant funds that support this effort and look forward to working with ENC to develop our fleet of the future.”

ENC is expected to deliver the Axess® EVO-FC buses to RGRTA in 2024. Learn more about Axess EVO-FC at https://www.eldorado-ca.com/axess-evo-fc.

Applications for Federal Transit Authority Low- and No-Emission funding are open now through April 13, 2023. Contact ENC for information on the full line of buses that qualify.

About ElDorado National (California), Inc.

ENC, a subsidiary of REV Group Inc., has manufactured low floor and standard floor buses for over 45 years to public transit/paratransit, airport, and university transportation markets. ENC is best known in the industry for its customizable options including thousands of floorplan configurations, as well as ensuring unparalleled manufacturing and safety standards. All ENC models pass a comprehensive battery of durability and crash tests. ENC manufactures the greenest buses in the industry including the zero emissions Axess EVO-BE and Axess EVO-FC. All buses are crafted in the state-of-the-art 227,000 square-foot, ISO 9001 certified production facility in Riverside, California.

About REV Group, Inc.

REV Group companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services, which serve a diversified customer base, primarily in the United States, through three segments: Fire & Emergency, Commercial, and Recreation. They provide customized vehicle solutions for applications, including essential needs for public services (ambulances, fire apparatus, school buses, and transit buses), commercial infrastructure (terminal trucks and industrial sweepers), and consumer leisure (recreational vehicles). REV Group's diverse portfolio is made up of well-established principal vehicle brands, including many of the most recognizable names within their industry. Several of REV Group's brands pioneered their specialty vehicle product categories and date back more than 50 years. REV Group trades on the NYSE under the symbol REVG. Investors-REVG

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  220.69
+3.55 (1.63%)
AAPL  271.49
+5.24 (1.97%)
AMD  203.78
-2.24 (-1.09%)
BAC  51.56
+0.56 (1.10%)
GOOG  299.65
+9.67 (3.33%)
META  594.25
+5.10 (0.87%)
MSFT  472.12
-6.31 (-1.32%)
NVDA  178.88
-1.76 (-0.97%)
ORCL  198.76
-11.93 (-5.66%)
TSLA  391.09
-4.14 (-1.05%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.